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DOLLAR GENERAL w/ RENT INCREASES | 15YR NNN 10517 River Crossing 10,640 SF Retail Building China Spring, TX 76633 $3,900,254 CAD ($366.57 CAD/SF) 6.35% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 5% Rental Increases Every 5 Years Throughout the Initial Term and Options.
  • Ranked #111 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating “BBB” by S&P’s & Annual Revenue Exceeding $60B.
  • Neighboring Developer is Constructing and Dedicating a New Roadway to the County Directly Adjacent to this Site, Enhancing Vehicle Traffic Flow.
  • Dollar General Market is a Larger Format Store with Expanded Grocery Offerings
  • New Single-Family Home Construction and Expanding Subdivisions nearby provide a Reliable Pipeline of new Households.
  • Minutes from Growing Waco Metropolitan Area – Positioned just Northwest of Waco, the Property Leverages the Metro’s Economic Growth.

EXECUTIVE SUMMARY

Dollar General Market | 15 Year Absolute Net Lease w/ Rent Increases | Brand New 2025 Construction | Affluent Area: $120k+ Avg. HHI | Larger Format Store Concept | Minutes from Growing Waco Metro | Close to Lake Waco Recreation | Near Waco Regional Airport | Amazon Resistant Investment Grade Retail Concept

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,640 SF
Building Class
B
Year Built
2025
Price
$3,900,254 CAD
Price Per SF
$366.57 CAD
Cap Rate
6.35%
NOI
$247,666 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.13 AC

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Dollar General Market
  • Retailer
  • 10,640 SF
  • -
  • Triple Net
  • Jul 2040
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Dollar General Market Retailer 10,640 SF - Triple Net Jul 2040

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
36-006000-002300-0
Land Assessment
$7,224 CAD
Improvements Assessment
$0 CAD
Total Assessment
$7,224 CAD
  • Listing ID: 37963627

  • Date on Market: 2025-10-06

  • Last Updated:

  • Address: 10517 River Crossing, China Spring, TX 76633

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